Altcoin News by Thebittimes.Com

Unification, the development team behind Shiba Inu’s (SHIB) Shibarium layer-2 network, has released a new blog, updating the community on the development status. The team said that their work with the Shibarium team remains their core project for the year. The blog further added that the project is moving ahead “with great strength.” However, the Unification team has not provided any release date so far. As per the blog, “It’s much more important for us to work with and support the team to ensure the most secure, usable vision and accompanying product possible.” Unification said that the internal alpha is being optimized to serve the requirements of the huge audience . The team has assured the Shiba Inu (SHIB) community that the launch is just around the corner, and another update on the product will be available soon. Shiba Inu price vs Dogecoin drops to record lows, rally soon? On November 1st, the SHIB/DOGE pair fell to a record low ...

The last week of October was a game-changer. The month, which was initially monotonous, closed on a positive note, thanks to a collective surge registered by top assets. While Bitcoin’s gains remain capped at 7% on the weekly, Ethereum’s numbers stood at a much-elevated 17%. Post the said surge, the $195.2 billion market-capped asset was trading at the brink of $1600 at press time. Ethereum Investors reach ATH of 88.5 million Irrespective of the price, the adoption of Ethereum has been going on at a swift pace. There has been no looking back for the curve showing the number of non-zero addresses. The said metric claimed a new ATH of 88,580,275 on Tuesday, bringing to light the rise in the number of investors in the Ethereum ecosystem. Source: Glassnode Alongside, large market participants also continue to add to their HODLings. Per Santiment, “Ethereum’s top 10 largest non-exchange addresses have been accumulating assets after their big drop-off lead...

Following the Twitter acquisition, Elon Musk has been all over the news of late. Right from Vijaya Gadde to Parag Agarwal and Ned Segal, Musk first fired top executives. Right after that, it was reported that he planned to reverse lifetime suspensions on Twitter users. At press time , however, Vitalik Buterin managed to steal the limelight. Replying to one of Noah Smith’s tweet about how Elon should move Twitter ’s headquarters to Oakland, the Ethereum founder opined, “ I always thought it should be moved to Switzerland. “ JUST IN: #Ethereum founder Vitalik Buterin says Twitter headquarters should be moved to Switzerland. — Watcher.Guru (@WatcherGuru) October 28, 2022 Also Read: Twitter’s top execs fired post Elon Musk’s big takeover Other users were quick to voice out their contrasting opinions. One user felt Singapore might be the best choice. Singapore may be the best choice. It has convenient transportation, links with Chin...

Shiba Inu (SHIB) is one of those crypto tokens that has a lot of hope riding on it. Just like Dogecoin (DOGE) did back in the day, a lot of young investors are hooked on SHIB going to “the moon.” Now, SHIB already, kind of, went to the moon. The token had the highest returns in 2021. If one were to purchase SHIB in November of 2020, that person would be sitting on gains of up to 18719494.1%. Nonetheless, fans of the canine-themed project are eagerly waiting for the crypto to skyrocket once again. From some perspective, S&P 500 has soared 30,209%, including dividends paid, throughout the course of 57 years from 1965 to 2021. Meanwhile, Shibu Inu tokens had an annual return that was more than 1,500 times greater than the 57-year return of the S&P 500. Although the larger aim of the community is to get SHIB to the $1 mark, the first goal is for SHIB to lose a couple of zeros. Many are aiming for the $0.001 mark. And some are hopeful that this can be achieved by 202...

After a detrimental week, the crypto market seemed to be welcoming the weekend on a bullish note. The entire crypto market was painted in green as most assets were pocketing big gains. One asset, however, caught the eye of the community following its 20 percent daily surge. Ethereum Name Service or the ENS tokens seemed to be bagging significant profits. At press time, ENS was trading for $20.14 with an 18.31 percent increase over the last 24 hours. It should be noted that the altcoin surged from a low of $16.58 to a high of $20.18. Source As seen in the altcoin’s daily chart , ENS witnessed a sudden rise following a fairly stagnant week. ENS ’s latest move is quite significant as it’s the highest the asset had managed to surge to over the past 90 days. It should be noted that just about four months ago, the asset dipped to an all-time low of $7.40. While it remains 171.35 percent above its all-time low, it continues to reside 76.57 percent below its all...